One of the Variables That Are Being Considered for Inclusion

question 99

True/False

One of the variables that are being considered for inclusion in a multiple regression model is marital status of the customer.There are four possible responses listed for this variable.Based on this,four dummy variables will need to be created and incorporated into the regression model.

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Definitions:

Contacts

Individuals one knows and can utilize for information or assistance in various contexts.

Deliberately Cultivated

Intentionally developed or nurtured, often referring to an environment, relationship, or quality that is purposefully fostered to achieve specific outcomes.

Networking

The act of building and maintaining professional relationships to exchange information, advice, and support.

Trust

The confidence or belief in the integrity, reliability, and fairness of a person or system.